Diversified Bond (SAGIC) 2% Northern Bond Index Fund 7% RidgeWorth Total Return Bond Fund 7% T. Rowe Price Equity Income Fund 10% MM S&P 500 Index Fund 26% T. Rowe Price Blue Chip Growth Fund 10% Goldman Sachs Mid Cap Value Fund 2% Northern Mid Cap Index Fund 6% Select Mid Cap Gr Eq II Fd (TRP/Frontier) 2% Select Small Company Value Fund (Fed Clov/TRP/EARNEST) 1% AllianzGI NFJ Small Cap Value Fund 1% Northern Small Cap Index Fund 7% Sel Sm Cp Gr Fd (W&R/Wllngtn/Tmb) 2% MFS International Value Fund 2% Northern International Equity Index Fund 10% Premier Global Fund (OFI) 2% Oppenheimer Developing Markets Fund 3%
Unfortunately, it's impossible to answer your question without knowing your age, financial situation, financial objectives inside and outside your 401K, risk tolerance, investment time horizon and projected retirement date, all of the available investment options in your 401K plan, and other related issues. Additionally, while I could comment on whether I like specific funds, it would not be appropriate in this forum to make specific investment recommendations.
As others have said and will always say, you need to first find out what your risk tolerance is, timeframe until you will need the funds, and what other investments you have. I would recommend finding a fee-only or CFP advisor to help you with your allocation and other financial planning needs. The 401(k) provider normally has recommended allocations, which can be good, but don't help with a comprehensive look at your financial picture. Also, if you aren't looking for an advisor to use at this time, use the free online risk tolerance surveys through Morningstar, Fidelity, or Vanguard. All are good and then you aren't giving your information for someone that you don't know.
Hope that helps, Nick
We really need to know your Personal Risk Comfort Level for starters. If you want to complete one, please visit our web page www.EndowmentWM.com and go to the Client Center Tab. In that section look for the EWM Client Risk DNA Profile. Open and take the test. You can know determine your Risk Comfort level. Please add that fact to your question plus your current age and projected retirement age. Advisers need more facts in order to give you the best comprehensive advice!
Rob Riedl, CPA, CFP, AWMA EndowmentWM.com
It appears that your plan is with MassMutual (just a guess based on the list of the funds). If so, you can log onto their web site and click on "my account" and then "investment selection". From there you can go to help me choose by risk or age. If you click on by risk it will take you a risk profile quiz. Answer a few questions.....and the system will make a recommendation. Of course you will still need to decide, but it is a great starting point.
As others have mentioned, determining your risk tolerance, goals, and time horizon would be the first step. As Nicholas mentioned, Morningstar has some great tools to help you develop an allocation based on your risk tolerance, time horizon, and goals. Morningstar's Lifetime Allocation indexes are also helpful.
Best of luck, Michael Pemberton Certus Financial Group http://certusfg.com